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FOX
Jan 23, 2013 5:30am EST
vote wednesday on a three-monnh extennion of the debt ceiling - but with a stipuuation the senate passes a budget in the next few months.the white houue says it's ready to work towards something lasting.what we support is a long-term raising of the debt ceiling ssothat we don't have any doubt or the global economy about the simple proposition thattthe unitte states always pays its biilsalso on the ppesident's ccmprehensive immigration reform.and nnthe aftermath of the newtown, connecticut sshool schooting - a push for congress to pass tighter gun pontrol laws.in washington, i'm tory dunnan. 3 the presidenn mmy have a llt of convincing to do... if he wwnts his second--erm agenda to pass passright now...51--ercent off people apppove of the jjb he president is doing.43 perceet disapprove. disapprove....and president obbma...has the 3rd áworstá job approval ratiig for his first term......of any president after world war 2. the avvrage for his first teem wass499point-1.just gerald ford and jimmy ccrter fared 3 coming up innour 6 o'clock hour... 3 gain some weight... ad help our pmrriage. the new study that says young couples wwo pack on the pounds 3 3thh ravens are gearing p... for a trip to the super bowl. how coach john ha
CNBC
Jan 17, 2013 7:00pm EST
-term debt ceiling hike on the table. short-term debt ceiling hike. but here's what i'm not hearing and what we should be hearing is an unambiguous plan to splash spending now. republicans need an absolute rock solid plan to implement the sequester which is $1.2 trillion over the next ten years. this is essential. not just to unite the republican conference. but more importantly, it's essential to helping the economy grow more rapidly. and if the republicans don't get it done, i'll say this. they may lose the house in 2014. so let's talk with karen finney. who's a columnist for the hill and former dnc communications director. and hadley heath, senior policy analyst at the independent women's forum. hadley, this paul ryan, he went out and met with reporters. republicans are in the retreat down in williamsburg, virginia. maybe they'll use a short term increase in the debt ceiling maybe three months or six months. is that the point? how does that inform you? does that get to the heart of the matter? >> it certainly doesn't get to the heart of the matter. if we remember back in 2006 then se
FOX Business
Jan 22, 2013 4:00pm EST
business for congress, the looming debt ceiling. rich edson live on capitol hill. hi, rich. >> hey, lauren, we'll get that vote tomorrow in the house to extend the debt ceiling to the middle of may. when it comes to a longer term debt solution, longer-term debt ceiling solution and when it comes to taxes and spending the parties are far apart as they always been a day of a the president's inauguration and one which both parties have a very different take on the president's address. >> people can criticize president obama about a lot of things but not his ability to communicate and i think he communicated to the american people a message of hope, a message of action, and i liked it very much. i, we should move past the name-calling phase. >> one thing was pretty clear from the president's speech yesterday. the era of liberal system back and unabashedly far left of center inauguration speech. certainly brings back memories of the democratic party of ages past. if the president pursues that kind of agenda, obviously it is not designed to bring us together. >> house speaker john boehner is meeting with the house republican conference right now. according to a source in the room boehner is calling for the republican par
KRON
Jan 22, 2013 11:00pm PST
debt ceiling - but with a stipulation the senate passes a budget inthe white house says it's ready to work towards something lasting. >> what we support is a long-term raising of the debt ceiling so that we don't have any doubt or uncertainty for businesses the simple proposition that pays its bills >> reporter: also on the president's radar in the next four years- comprehensive immigration reform. and in the aftermath of the in washington, i'm tory >> pam: beyonce.lip syncing the star spangled banner it could be perhaps because of the freezing cold temperatures and yesterday during the inauguration. >> jacqueline: hous and cooler temperatur. for the sierras, this is not going to permit much cold air but we're going to see rainfall at the highest elevations. dry conditions on thursday, friday but there's a chance for more rain this weekend. a look at your extended forecast and dry on thursday. the chance for showers it just a 30 percent chance. 40 percent chance on friday, the computer models are not quite in agreement of what could happen but we will keep you posted as we get closer. this dog in chicago learned just how dangerous winter weather can be. her
CNN
Jan 20, 2013 3:00am EST
, specifically on the debt ceiling, for example. we just heard the house republicans are going to try to negotiate a short-term debt ceiling deal so they can try to go for a grand bargain. second-term presidencies have just been spent and filled with misspent political capital that has just eoverreach in terms of presidents looking for a legacy and overspending their political capital. that's the risk president obama -- >> interesting in this cnn poll that just come out, how is president obama handling his job as president, approve 53%, disapprove 42%. but when they are asked how is the country headed, right direction 35%, wrong direction, 57%. they approve of the president but think he's going completely in the wrong direction. he's a lucky boy, many would argue, that he's gotten a second term, given the state of the economy, given the fact that most americans think the country is going in the wrong direction. he's been given that lucky second chance. and he campaigned well. you have to give him that. what are his challenges in the second term? >> the first thing every president has to be careful of in a second te
PBS
Jan 22, 2013 6:30pm PST
"stand in the way" of the short-term increase in the debt ceiling that's been proposed by house republicans. the move to extend the nation's borrowing limit for three months is set to come to a vote tomorrow. and that news has reassured markets that the risk is fading that the u.s. will default on its debt for the first time in its history. darren gersh reports. >> reporter: house speaker john boehner said republicans were willing to suspend the debt ceiling for three months. sending democrats to act. >> it has been nearly four years since the senate has done a budget. most americans believe you don't do your job, you shouldn't get paid. that's the basis. no budget; no pay. it is time for the senate to act. >> reporter: the white house called the move by house republicans "significant," though the administration still argues a short-term extension of borrowing authority does not go far enough. >> what we support is a long- term raising of the debt ceiling so that we don't have any doubt or uncertainty for businesses or the global economy about the simple proposition that the uni
FOX News
Jan 15, 2013 3:00pm PST
. worry over the debt ceiling is only a part of the reason for the fitch warning. the agency said even if the ceiling is raised it would likely downbegrade anyway if there is no "credible medium term deficit reduction plan." you will recall that standard & poor's did downgrade the u.s. debt last august after the debt ceiling was raised amidst 11th hour suspense. it was blamed on bringmanship to use the debt creeling to get spending cuts. s&p did cite the melodrama as part of the reason but placed emphasis on the view that the debt ceiling deal fall short in what our view would be necessary to stabilize the government median term debt dynamics. translation, the debt ceiling deal didn't do enough about the debt itself. so keep this in mind when you hear it said,be with great certainty it's the republicans trying to force spending cuts over endangering the nation credit rating. as will rogers quoted once, "it isn'tbe what we don't know that gives us trouble. it's what we know that ain't so." bret? >> bret: the president has effectively turned the messaging around. by saying it's about paying the bills that congress has already passed. the laws that it's already passed. republicans are saying
FOX Business
Jan 17, 2013 1:00pm EST
, perhaps a short-term debt ceiling increase, pass that through the house with spending cuts, deal with the other elements of government spending and then set up a protracted argument or debate over the debt ceiling going forward. as republicans say, when it comes to their strategy, cutting spending is imperative. melissa: there's no celebration the fact we're a nation of $16 trillion in debt and you have someone in the white house that says to do the one thing that makes absolutely no sense whatsoever, and that is raise the debt ceiling with no change in the future? that is actually an absurd argument i don't think any householder in a state run well operates like that. >> house budget committee chairman spoke to reporters a short while ago saying this to work in the strategies on all this trying to identify the spending cuts that they want to include any increase in the debt ceiling. also says despite what some pessimist might say, house republicans still plan to pursue tax reform this year in the house. whew. melissa: it'll be interesting to see the hold up on anything real on the spendi
MSNBC
Jan 14, 2013 7:00pm PST
the option of government shutdown, the option of raising the debt ceiling in short-term increments. i think there is a way to avoid default if it requires shutting down portions of the government. let's look at that. >> and in his press conference, president obama quoted speaker john boehner from 2011. >> that would be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too insular, that you don't socialize enough. >> this, of course, is one of the great myths of governing, that intractable problems, political problems, can somehow be solved over a card game and a couple of drinks. that has never, ever been the case nor will it ever be the case. >> i like speaker boehner personally. and you know, when we went out and played golf we had a great time. but that didn't get a deal done in 2011. >> t
MSNBC
Jan 15, 2013 2:30am PST
government shutdown. there is an option of raising the debt ceiling in short-term increments. >> would you be willing, if you don't get the kind of cuts that you think are necessary, would you be willing to go into default or to shut down the government? >> i think that there is a way to avoid default if it requires shutting down certain portions of the government, let's look at that. >> according to a recent gallup poll, there are growing concerns about washington's ability to balance the budget. 20% say the federal deficit is now the most important issue facing the nation. 18% say they are dissatisfied with the government. what's amazing is that people are now more concerned with the deficit and our dysfunctional government than they are with unemployment. the first time since 2009. >>> there's a troubling new statistic from the department of defense involving u.s. service members. the number of suicides in the military surged to a record high of 349 last year. that's according to the associated press. that exceeds the 295 americans who died fighting in afghanistan in 2012. >>> the milit
WETA
Jan 23, 2013 6:30pm EST
passed a short term debt ceiling deal. the u.s. house of representatives gave the okay to a republican plan to suspend the debt limit until may 19. democrats in the senate now say they'll pass it too. darren gersh reports. >> reporter: the debt ceiling suspension came with a couple strings attached. if senate democrats don't pass a budget-- something they haven't done for four years-- members of congress won't get paid until they do. >> this bill simply says, "congress, do your job." when i grew up in wisconsin, if you had a job and you did the work, then you got paid. if you didn't do the work, you didn't get paid. it's that simple. >> house democrats called the pay ploy a gimmick and said a 90 day reprieve from default simply moves the crisis back. >> for the last two years, we've heard from our republican colleagues economic uncertainty is bad for the economy. guess what? it is. and yet that's exactly what you are doing. another big dose of economic uncertainty. >> reporter: republicans shifted gears on the debt ceiling after a strategy session last week. worried that they have lost
CSPAN
Jan 23, 2013 10:00am EST
administration says is they support a long-term increase in the debt ceiling and the reason why the people of the united states have not heard of this controversy is because the normal course of business, constitutionally, is for the congress to consult with the treasury, the treasury to consult with the congress, the debt ceiling is raised in a manner that protects the general welfare of the american people. but now we have a proposal that is driven by polling and brinksmanship. this is not the way to run a country. i heard a comedian some years ago say what a great country, and we are a great country. i love america. the constitution emphasizes the greatness of this nation. but we don't play politics with something that is the ordinary course of business. spending cuts is a responsible way to govern, but it is to govern in a way that we sit at the table of reconciliation and we don't break the backs of seniors who relies on medicare and social security and veterans benefits. what we do is we sit at the table and we understand how to deal with the oncoming issue of the deficit. how do we dea
PBS
Jan 19, 2013 2:00am PST
part of the president in terms of the letting this debt ceiling deadline go past it. john's right. the community cares about that. and that's a problem with the republicans. keep in mind, the republicans brought up this idea. they still haven't gotten it through the house. we'll get a variation. for one thing if the democrats don't help them without the votes and there was some other aspects that the democrats didn't like. john boehner the speaker will have a hard time doing that. they each have leverage over each other. it almost has to have some kind of democratic support. gwen: does everybody find it interesting that the conversation is about the house and not senate? >> the senate doesn't want to go forward on that the house is not even going to vote on. if you're a democratic senator and you're being asked to vote on painful cuts, why would you take that vote if it doesn't come to a floor -- to the floor? >> working it hard enough can get his or her members onboard. there are so many conservatives that speaker boehner has very little leverage on them because one -- excuse me allow
WETA
Jan 19, 2013 6:30pm EST
first term. when he came -- what he came to talk about was the debt ceiling. he said we should not be a deadbeat nation. that was the quote of the day. so what was the point of making that, the subject of this final fight? >> well because he knows that republicans wants to make this the center piece of their fight for the next couple of weeks which is you use this debt ceiling vote to gain some leverage because when you're in the minority, you've got nothing but threat. to use this dead ceiling fight wlosht we're going to pay our bills as a way to have spending cuts. the republican house are backing away from that saying, fine, we're going to extend this debt ceiling. we're going to pass something for a short period of time but in the interim we better get sot cuts. >> you're talking about what the house republicans put out today. isn't -- i hate to use the term -- kicking the can down the road. isn't this just taking us back to where we were before, delaying the inevitable? >> yes, but it's not just about the debt ceiling. this is one of the reasons the inauguration comes at such a d
MSNBC
Jan 22, 2013 7:00pm PST
conversation will look to vote on a measure tomorrow. >> the short term raise for the debt ceiling. >> three-month extension of the debt ceiling. >> temporary extending for debt ceiling. >> what is the republican strategy here? >> three months is not good enough. >> they may not even vote for this. >> it is about time we come together, do our work. >> the partisan lines just got deeper. >> john boehner has an 18% approval rating. >> the debt that is crushing the future for our kids. >> this is a party, a retreat. >> a retreat of sorts. >> they may not even vote for this. >> it really is unacceptable. >> they will evolve or die, it is that simple. >> it will stand out as one of the great days. >> today marks 40 years. >> the 40th anniversary of roe v. wade. >> this allows a woman free choice. >> support for reproductive choice is at a record high. >> 54% believe abortion should be legal. >> there was an assault on women's access to reproductive health care. >> do i believe that the supreme court should overturn roe v. wade? yes. >> 70% say it should not be overturned. >> this is a d
CBS
Jan 18, 2013 6:30pm EST
, of course, prefer a long-term extension of the debt ceiling, not just three months. >> pelley: nancy, thanks. president obama is about to begin his second term and security for the inaugural ceremonies on monday will, of course, be extremely tight. uniform police will be everywhere, but we asked john miller to tell us about the security operations that you won't see. >> i, barack hussein obama do solemnly swear -- >> reporter: during president obama's first inauguration there was a threat taken so seriously that counterterrorism agents seemed to be everywhere in the crowd of two million. in east africa, people were taken into custody and given lie detector tests by the f.b.i. in tend, the tip turned out to be wrong but it gave a young administration on its very first day a picture of what can go on behind the scenes of a major event. for this inauguration, some of the security is meant to be obvious: the coast guard will shut down the potomac river, but some of the security is meant to be nearly invisible. at union station who two men who could have been waiting for a train were actually d.h.s. behavioral detection officers who blend in with the
NBC
Jan 20, 2013 8:00am PST
quote dollar in raising the debt ceiling. >> would you support a short-term measure to force you to pass a budget? >> i think it should be longer because we don't want to play fiscal cliff every three months. but it's a positive step. >> you never get a clean debt ceiling raise. >> yes, you should. >> that's not a question of whether you should. but historically it's not been the case. >> mitch mcconnell proposed it two years ago and we passed it. but let me say this on the budget. we democrats have always intended to do a budget this year. for two reasons. first, it is not true that we haven't had budget control in effect over the last several years. the budget control act of 2011 put rigid spending cuts that are in effect -- that were in effect last year. we cut $1 trillion. we didn't like it. it was much more of a republican type proposal than ours. in effect, it expires this year. so we need a budget. but second, it's going to be a great opportunity for us. because in our budget that we will pass, we will lift tax reform, which many of my republican colleagues liked, but it will includ
FOX Business
Jan 23, 2013 11:00am EST
house, they have not ruled out this proposal. they are fine with a short term debt ceiling increase. they want to see some longer-term. they have not given it exactly a seal of approval. it seems they both parties could get behind this proposal. the first step through the u.s. house. back to you. dagen: thank you for that. let's bring in our laffer, former economic adviser to president ronald reagan. politicians will never get anything serious done. >> you are probably right. they probably will not get a lot done in the long run. the debt ceiling is one tool to get a little from the democrats and bring some spending down. this is not going to be the end to all the spending problems. dagen: what concessions to think the the republicans can't get in terms of cutting? taking on entitlements in any way shape or form. >> when the democrats do that, they put themselves at risk. it is a country issue, it is not a partisan issue, to be honest. if they do that, they risk really losing a lot in 2014. dagen: you say it is a country issue. to that point, it looks like this country really does n
MSNBC
Jan 18, 2013 10:00am PST
house republicans are going to take up next week a short-term debt ceiling extension. is it too short? does this get us past the hump? >> well, you know, look, this is an attempt by republicans to acknowledge that in a way president obama has won on the i won't negotiate. >> it's not ending the problem, but it is an acknowledgment by house republicans that having that fight right now is not one that is politically advantageous for them, and not advantageous for the country. it does not mean, however -- obviously, it does not mean that we may not have down the road in three months time, and now kind of mid to late spring, we may not have the fight we are expecting to have next month. >> only 44% disapproval rating for the president. that's a pretty good head of steam going in. real concerns about whether the president and congress can do mying about the economy, which is job one. >> the vast majority say it's in the wrong direction. there is a pessimism, is the best word i can use, about the deposit's willingness and i think even more worrisome ability to fix the problem. >> there is a
FOX Business
Jan 18, 2013 3:00pm EST
president's confidence. i look forward to working with him. >> are you worried about the debt ceiling in terms of your business and the economy? i know the republicans are now pushing for a temporary sort of increase it temporarily but then we'll be back debating this again. first off, i'd like to ask you, should there be a debt ceiling? hank paulson, former treasury secretary says there shouldn't be one. president obama thinks there shouldn't be one. do you think there should be a debt ceiling? >> listen, i prefer having a ceiling. i prefer having that sense of discipline. >> right. >> i like everybody else in this country, including the politicians have been frustrated by our inability to grab this issue by the throat and start doing something about it for the future of our competitiveness. now, we had a start with the deficit reduction efforts. >> right. >> prior to that i thought the bowles simpson commission was a powerful response to what we could do about our own deficit. >> why do you think the president ignored that? i mean his own commission, he ignored it. why do you think he did that?
NBC
Jan 21, 2013 12:30am PST
economy. i think the question is how much will these issues from washington, whether it's the debt ceiling, the sequester, the lingering uncertainty over the long-term budget picture undermine confidence, lower the valuations of u.s. companies because people just have less confidence in long-term trajectory. >> jared, president obama starts his second term next week. his inauguration, of course, monday. what has he done right in the last four years, in your view, what could he have done better or has he done wrong? >> four years ago right around this time when i was a member of the administration's economic team i was remembering just the juks of position about the great hope and expectations and just the real horror of what was going on in macro economy. gdp contracting at 9%, losing 700, 800,000 jobs per month. i think the president came in and hit very hard and broke the back of the great recession a lot sooner than people expected, certainly the financial markets were reflated much more quickly than -- and at less ek pence than people expected. and pretty soon, really by the second half of 2009 gdp was growing and it's been growing since. i think on th
ABC
Jan 20, 2013 7:00am EST
stocks. that's a good thing over the longer term. we do have some issues coming up. the debt ceiling obviously one of them. the second question is we start to get the economic data. how big of a hit from the tax increaseses, payroll tax holiday, and what do those numbers which may be a bit on the soft side do to stocks? >> absolutely. that is the question of the day, isn't it, jared. the ceiling debate, the u.s. set to hit that $16 trillion limit on borrowing in the next month if we haven't hit it yet. let's take a listen to what president obama had to say out the potentialal battle looming congress. >> markets could go haywire, interest rates would spike for anybody who borrows money. every homeowner with a mortgage, every student with a college loan, every small business own whole wants to grow and hire. >> jared, how does this play out? >> well, we're beginning to hear lots of sounds from republicans at we're in a compromising mode than we heard, say, a week ago. right now they're talking about perhaps an increase in the debt ceiling that lasts for a couple of m months, that is of
FOX Business
Jan 18, 2013 6:00pm EST
increase in the debt ceiling, but how can we tackle our long-term problems? grover norquist year in 60 seconds. ♪ ♪ gerri: retreating or regrouping? house republicans putting to a vote raising the debt ceiling for three months, but are they backing off of their demands for spending cuts in exchange for raising the debt limit? with more on this, grover norquist, president for americans for tax reform. great to have you here. other republicans doing the right thing? >> i think so. there are three tools the republicans have to force obama to focus on spending, which she does not want to do it and will do unless forced. first is the sequester which starts march 1st or 2nd. that is a hundred billion dollars per year. that is the real cut in spending that will happen. the other one is the continuing resolution which starts march 4/7. we have a continuing resolution. they are the republicans that can put obama on a very short leash and only give him a continuing resolution for a week for two or three. cut the spending each time. those are two very powerful mechanisms. gerri: you don't in
CSPAN
Jan 15, 2013 7:00am EST
washington journal says president obama escalates the fight on the w economy. is the debt ceiling negotiable? your thoughts? send us a tweet or post your comment on facebook. you can also send us an e-mail. president obama held his last official news conference of the first term yesterday in the east room of the white house. here's what he had to say on the debt ceiling debate. [video clip] >> republicans and congress have two choices. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect ransomed in exchange for not crashing the american economy. the financial well-being of the american people well-being is not a leverage to be used. the full faith and credit of the united states is not a bargaining chip. they had better choose quickly, because time is running short. the last time republicans in congress even flirted with this idea, r. triple-a credit rating was downgraded for the first time in our mystery, our businesses created the few jobs in any month in nearly the past three years, and the whole fiasco added to the deficit. host: after the news conference yesterday, house speaker john boehner responded with this statement -- " what are your thoughts on this? if the
FOX Business
Jan 23, 2013 1:00pm EST
veto threat from the white house. they are open to this short-term extension of the debt ceiling. lawmakers pay is held in escrow after april 15 until the end of this congress and this congress and at the end of 2014. a three-month extension. republicans are hoping to fight another day a few months from now. may 19 the new deadline once it clears the senate and signed by the white house. lori: by april 15, otherwise it goes to escrow. okay. got it. thank you so much. melissa: liz claman talks with richard gelfond about the importance of the international box office to his business. lori: want your own little slice of new york city? the new trend of micro- apartment for a affordability in manhattan. ♪ . ... [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the new c class is no exception. it's a mercedes-benz through and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. for exceptional offers ♪ (trai
FOX
Jan 18, 2013 11:00pm EST
backing away from a fight on the debt ceiling. >> we are going to move in the short term so people do not have a fear of where we are economically and be able to move forward to try and solve this problem once and for all. >> reporter: republicans will vote next week to extend the borrowing limit for three months. they'll make the measure contingent on the senate passing a budget which it hasn't done since 2009 and they'll insist members of congress don't get paid until the federal budget is agreed to. house speaker john boehner told his party we are going to pursue strategies that will obligate the senate to finally join the house in confronting government's spending problem. the principle is simple. no budget, no way. the white house released a statement saying it is encouraged that congressional republicans may back off their insistence on holding our economy hostage, a temporary extension would avert an immediate crisis since the country is set to reach its debt limit as early as mid- february. >> default is not an acceptable option. congress has to simply do its job and pay the b
MSNBC
Jan 22, 2013 10:00pm PST
, that is raising the debt ceiling or not. >> are you going to vote for the boehner plan? >> no. >> why not? >> well, let's get to the long-term threat, i want to do whatever is necessary to avoid the risk of bankruptcy. to me, that would be difficult for our country, devastating to our economy, far worse than any economic period seen in the history of the united states. in my judgment if the federal government becomes insolvent or goes into bankruptcy because the debt has accumulated to such an extent that it overwhelmed our ability to pay. in that context, then, i'm willing to raise the debt ceiling if one or two things happens. first, the constitutional amendment must pass the united states congress and sent to the people. >> that could happen. >> certainly may not happen if we don't try, the second is, substantial spending cuts. >> according to john boehner that is not going to happen either. >> a sincere effort of trying to address the problem, the trillion dollar a year deficits are unsustainable. >> we get that from republicans, i'm trying to get at what has happened within the republican congress in the house such that the da
CNN
Jan 23, 2013 4:00am PST
. >>> republicans shifting strategy on the dealt ceiling. they have the votes to pass a short-term debt ceiling increase today. they will look for deep spending cuts later. it would suspend the debt limit to allow the u.s. to keep borrowing money to pay bills for three months. complicated but politically interesting. in exchange, calling on the senate to pass a budget by spring. >>> so lady fwgaga playing at t inaugural campaign bash for staffers and a special guest with her. tony bennett to sing a duet for "the lady is a tramp" sang they like so much. bennett also performed for several other presidents. >>> tough news for lady gaga. justin bieber passed her on twitter. justin bieber the most followed person on theet earth. approximate 33,300,000. >> i'm sure my daughters follow him. i will have to ask them. maybe i should follow him. >> 33,300,001 with soledad. >>> did beyonce lip sync. here is how it went on inauguration day. ♪ and the rocket's red glare the bombs bursting in air gave proof through the night that our flag was still there ♪ >> so much fun to watch in person. we were really like rig
MSNBC
Jan 18, 2013 7:00am PST
says maybe what we should do is increase the debt ceiling for the short-term? >> no, actually, i think that's a bad approach. because we just lurch from crisis to crisis. the paul ryan budget that the house passed with basically every single republican except for, i think, two, that would require in its own terms an increase in the debt ceiling of $1.5 trillion in two years. the budget they voted for requires the debt ceiling to be raised. and now when the time comes to avoid default, they don't want to do it. but i think what you're seeing is speaker boehner knows this isn't a viable tactic. i think mr. ryan knows it's not a viable tactic. but there's a lot in the republican conference that continue to see this doomsday kind of approach as a viable approach. and i think that cooler heads are starting to prevail on the republican side. and that's a good thing. >> and you are part of this no labels coalition wanting to reach across the aisle. but let me read to you what david brooks wrote. polarization is too deep, special interests are too strong. the negotiators are too rusty. r
PBS
Jan 22, 2013 10:00pm PST
glad that they sent us up a clean... they're going to send us a clean debt ceiling bill. the other stuff on it will athat when we need to. i'm glad we're not facing crisis here in a matter of a few days. >> sreenivasan: president obama said he wanted a longer-term extension of the debt ceiling. but a white house spokesman said today the president will accept a short-term bill if it reaches his desk. without an extension, the government could run out of money within a month. a deep freeze lingered in the upper midwest today with temperatures dropping in some places to minus 30 fahrenheit. wind chills made it even worse. across the region, people bundled up to face the cold, and some schools closed. frigid arctic air swept down from canada last saturday. authorities attribute at least three deaths to the weather so far. american military transport planes have joined the french effort to repel islamist rebels in mali. pentagon spokesman george little confirmed today that u.s. c-17's have flown five missions to the african nation in recent days. they ferried more than 80 french troops and 120 tons of equipment. little said the u.s. is still considering whether to provide aerial refueling planes. at least 17 iraqis died in a series of car bombings in and arou
CBS
Jan 18, 2013 4:30am PST
capitol hill, some top republican leaders are considering a short-term increase of the debt ceiling. >> house budget committee chairman paul ryan says they are weighing the benefits of an extension as a way to get the senate and white house engaged in future conversations. president obama as warned that if congress doesn't raise the debt ceiling the economy could crash and there could be delays for social security checks and veterans benefits. >>> university of california leaders say tuition hikes can be avoided this fall if the system gets the funding increase proposed in governor brown's budget plan. the quarter billion-dollar increase is less than that what the uc system had hoped. but it's a turnaround from years of budget cuts. the extra funding is due in part to proposition 30, the tax measure approved by california voters in november. >>> 55,000 local students will have the same class plan for part of today lessons on digital media safety. commonsense media is teaming up with the san francisco unified school district for the program. it will cover such toppers as cyberbullyin
ABC
Jan 15, 2013 5:00am PST
and he offered a solution for the president's dilemma on the debt ceiling. >> obama held the final press conference of the first term in office. he talked about the debt ceil saying if congress does not work with him to raise the debt ceiling america will be in default and we my have to sell florida. >> watch jimmy kimmel live weeknights right here on abc7 at the new time following abc7 news at 11 and "nightline" is on right after that. >> lebanese -- leave disneyland and the cracked crab >> welcome back on the 4th anniversary of "miracle on the hudson." "sully" sullenberger joins katie about the incredible emergency landing. >> of all people to be piloting that lane, thank goodness it was you. i get on a plane and i think, sully? anyone named sully on this plane. >> i appreciate that and when i travel as a passenger i have people recognize me and they say i feel better knowing you are here. >> i look for him in the cockpit, as well. that is katie at 3:00 p.m. right here on abc7. >> good show. >> 5:23. great mighting that day. amazing to see the pictures. >> now, outside, it is darn cold. >> do we want do? mike, what a
NBC
Jan 20, 2013 7:00am PST
gown. >> you bet. >> there's a lot of work ahead as well. where is the talk about the debt ceiling, and the second term options for president obama, or is there no talk about that today? >> today, not so much. but the whole weekend we've been hearing talk about this. congress has decided to ease up a bit, give a three-month extension so we can lift that debt ceiling for the next three months. that will back us into, by the way, the whole idea of sequestration and dealing with the debt crisis on a more firm note in about three months. so they're giving the president, they're giving everyone a little bit of time right now to work it through. i'm sure the president is grateful for that. but for right now, vice president biden, of course, has just taken his oath of office which is very important not only because it's nice to know the vice president's all lined up. but remember, joe biden becomes a very important person to look at over the next four years because there's talk of him running for the presidency four years from now. a lot of that will depend on what hillary clinton does. she's sort of the gorilla in t
MSNBC
Jan 19, 2013 1:00am PST
doesn't. i will not negotiate around the debt ceiling. we're not going to do that again. i will not negotiate around the debt ceiling. we're not going to do that again. >> after president obama spent his first term, much of it at least, trying to negotiate with republicans in congress, he made it very clear recently that he would not play that same game again. on the debt ceiling. not again. and today after months of insisting that the president really did have to negotiate with them on that, republicans gave up. david corn "showdown," the stand off the president faced with republicans. thanks for being here. >> good to be here, rachel. >> eric cantore said, yeah, we're going to give up, but only for three months. what did you make of that? >> i'm the last guy who wants to cause a spike in the vix, but, you know, there are a couple of things to think about here. i call this plan r for run away. but we know that john boehner often has had trouble with his various plans. plan b most notoriously, getting them approved, accepted and passed by his own house republicans. and cantore made a very declarative statement today. there already immediately were grumblings that some house republicans will go along w
MSNBC
Jan 19, 2013 11:00am PST
the biggest, the debt ceiling and president obama has a lot offy second-term agenda, but many seem skeptical and in our latest wall street journal poll asked where america is headed, nearly 60% of the people polled used negative words like wrong track, downhill. joining me now to talk about all of this, christina antonio, political reporter, and ed o'keefe for "the washington post". good to have you guys in the flesh. usually it's in double boxes and this is a nice treat. >> let's throw another number on the screen, christina. this is the president's approval rating as he goes into his second term. right now, 52%, according to the poll, say they approve of the job that president obama is doing so far. how does that compare to other two-term presidents? >> he is not quite as popular as many other presidents and he's a little bit higher than george w. bush was going into his second term, but it really reflects that and when you look at the breakdown of the job approval rating and what people like, he's okay, just over the 50% mark in those polls, but personally, they like him a lot a
FOX Business
Jan 19, 2013 5:00am EST
technology and services to help you solve it. ♪ gerri: republicans go for a short-term increase in the debt ceiling, but how can we tackle john is 42. mortgage. married. two great kids. he wants to protect his family with a $500,000 term life insurance policy. what do you think it'll cost him? a hundred dollars a month? sixty? forty? actually none of the above. john can get a $500,000 policy -from a highly rated insurer - for under $25 a month. his secret? selectquote. selectquote is impartial. they'll search the pick of insurers like these to give you a choice of your best prices. selectquote has great savings on term life for women, too. john's wife carrie, can get a $500,000 policy for under $16 a month. selectquote has helped make term life insurance affordable for hundreds of thousands of people since 1985. how about you? just call this number or visit selectquote dot com. ♪ gerri: retreating or regrouping? house republicans putting to a vote raising the debt ceiling for three months, but are they backing off of their demands for spending cuts in exchange for raising the debt limit?
CNBC
Jan 21, 2013 4:00am EST
, it's not just about the debt ceiling, they have to get the debt down. the debt ceiling may get raised, but it's not being tackled long-term. >> it seems every single time consistently we get the opposite outcome. which means some areas are consistent and it raises debt levels going forward. >> it seems to me as though we can't fix this one because democratically it's not possible. why? because there are so many verses who are automatically vote to increase the debt because the number of people who own entitlements or benefits is relatively high. and i think you're seeing this failure both in the u.s., in germany and to an extent in the uk. >> the trouble is for all of those economies maybe some of the european ones are under pressure by the government. but the problem is, if you look at issues in the u.s., they're just so low. there's no ability to cut in the long-term. how do you push through entitlement reform and address those issues, especially if there's no market pressure right now? >> my sense is that you don't. i don't understand how that can be achieved and, therefore, i suppose what i struggle with is what solution can
CNBC
Jan 23, 2013 1:00pm EST
white house just voted and it welcomes the passage of the debt ceiling suspension but repeats its feeling that it would like to see a long-term extension of the debt ceiling. >>> well, if you have an idea and you would like some big money behind it, don't move. we will see how it comes together in the power pitch. that's next. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> this is the power pitch. a new way for invastoinvestors t the word out about their invention. alexa von tobel is ceo after founder of learnvest. she dropped out of harvard business school to pursue her dream of making financial planning accessible to all. here is her pitch. >> hi, i'm alexa von tobel, the ceo and founder of learn vs vest.com. i had a dream it make financial planning accessible no millions of americans in america. i was at harvard and i did a crazy thing, drop out to try to make my dream a reality. over the last three yea
NBC
Jan 23, 2013 4:00am PST
debt ceiling ought not to be a political football. >> reporter: this republican retreat with one last tanned if they can't compromise lawmakers' paychecks could take a hit. what's still not known is if this is temporary passing this budget and this extension of the debt limit. if it's temporary we could still see a credit downgrade. >> we hope that does not happen. tracie potts in washington, d.c., thanks you. >> jill kelley is peaking out for the first time after the scandal that forced petraeus to resign. they wrote an opinion piece in "the washington post" denying allegation against her saying she committed no crime. in part it reads our story stands as a cautionary tale. we have experienced how careless handle of our information by law enforcement and irresponsible headlines endangers private citizens. and the top u.s. commander in afghanistan was cleared of sending inappropriate emails to jill kelley. >>> senate majority leader harry reid appears to be reversing course and pushing ahead with possible gun legislation. after meeting with fellow democrats he told reporters he expect
MSNBC
Jan 23, 2013 2:00am PST
sign it. >> the debt ceiling ought not to be a political football. >> reporter: this republican retreat with one last stand. if they can't compromise, lawmakers paychecks could take a hit. here's what we still don't know, even if they do pass that temporary extension, what about the budget? could america's credit still see a downgrade? mara? >> something tells me having their paychecks on the line might motivate them. >>> on capitol hill, secretary of state hillary clinton will appear before congress later this morning to testify about the september 11th terrorist attack in bengahzi, libya. clinton will answer questions from the senate and house foreign relations committees about the handling of the attack on a u.s. consulate that killed four americans. clinton had been unable to testify previously because she was recovering from the stomach flu and concussion. clinton will go into the hearings debt free. she has finally paid off the outstanding $12 million debt from her 2008 presidential campaign. >>> jill kelly is speaking out for the first time since her name was mentioned in
CSPAN
Jan 23, 2013 7:00am EST
significant. the fight over the debt ceiling in many ways has defined the last two years as far as spending, because republicans have seen it as a way to leverage some of the spending cuts and long-term deficit reduction plans but would like to see democrats eventually accept. today we will have a vote on whether or not to extend the nation's borrowing limit, how much money you can put on the credit card. the way they see it is house republicans want the senate to finally vote on a full budget of their own. it is something the senate has not done for many years. it is seen as a way for harry reid to have the kind of more vulnerable lawmakers on capitol hill from taking some tough votes. anytime you vote on a full budget, there's a lot of stuff in there, so there's a lot of stuff that people can come after you with. kind of the backdrop here is that house speaker john boehner has had some hiccups or headaches lately. it started late last year when house republicans struggled over how to deal with the george w. bush tax cuts. the house wanted them all extended for everybody. democrats are never on board. president obama was never going to be on board with the idea. so john boehner struggled in
CNBC
Jan 15, 2013 6:00pm EST
will through the debt ceiling and the last chance to derail the term. i think i know what happens, the same thing that has happened always when we have had so many break outs they are left behind by the wall of worry. ask yourself, do you think that this many analysts could be right? do you think that these companies are going to prove brilliant exit prices? no. i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being catalysts galore. bob in florida, bob >> it is fwrat to tais great to. south florida by way of teaneck, new jersey. i'm calling about krispy kreme donuts. i sold it and forgot about it and now it seems like they reinvented themselves. th
MSNBC
Jan 17, 2013 1:00pm PST
to have the solution to our debt ceiling impasse. he calls it a short-term debt limit extension. you may know it better as kicking the can down the road. which reminds me, there was someone just a few months ago who was famously against that kind of a deal. who was it? >> kick the can. kick the can. kick the can. >> right, of course. that's who it was. joining us is jonathan alter and jared bernstein. welcome to you both. john, we've seen speaker boehner's power getting weaker and weaker. is paul ryan now the de facto head of the gop? >> well, you know, actually, martin, i think he has been much more influential than people realize -- >> because he's been quite quiet publicly. >> going back to 2011. he has so much respect within that republican caucus. he's the guy who killed simpson/bowl simpson/bowles. he was on the simpson/bowles commission and wasn't willing to have any revenue increases. his fingerprints were not on it. and then when it came to the grand bargain, he told john boehner wait until the election. don't do this deal. so this is more of the same from him in his ow
Comedy Central
Jan 18, 2013 1:30am PST
the debt ceiling. i understand when i grow up it could be hundreds of thousands of dollars could you please cut spending now. >> stephen: why aren't kids write together president about long-term restructuring of government debt. come on fox news youngsters, benic ron, the rest pinecrest retirement crew. put down the sunny d and fire up the underwood. [ laughter ] thankfully, folks, our constitution has a built-in mechanism to stop democratically elected tyrants from taking our guns and that brings us to tonight's word. [cheers and applause] united we stand off. president obama and his anti-gun storm troopers say it's okay for me to have a pistol. it's okay for me to have a rifle and a shotgun. but it's not okay for me to have military-style weaponry. maybe they've forgotten what the second amendment is. >> the founders feared government tyranny. >> the second amendment is about resistance to government tyranny. >> they never mentioned hunting and deer, they talked about freedom and liberty over tyranny. >> stephen: damn straight. like anybody setting up a new government the founders added a clause that said if you don't like what we're doing, feel free to shoot us. it's like -- [ laughter
FOX Business
Jan 16, 2013 1:00pm EST
retreat. they will consider the options for the upcoming debt ceiling fight. short term increase with modest spending cuts to a 4-year increase including overhaul of the tax code and entitlement programs. back to you. tracy: sound ambitious. rich edson, glad you could stick around and talk to us. we're 29 days away from the debt ceiling d-day. ashley: we are. tracy: will be valentine's day actually. ashley: not pretty though. as you just said, tracy, less than a month away from hitting the debt ceiling. while several ideas have been floated to address it our next guest says it is time to skip the gimmicks to reach a long-term solution. wouldn't that be nice. tracy: imagine. ashley: maya mcginn necessary, committee for responsible budget and head of the campaign to fix the debt. maya, democrats came out with a new plan to eliminate the federal debt ceiling. tim geithner thinks we should eliminate it. ben bernanke thinks we should eliminate it. moody's a while ago why are we using a debt ceiling because we're one of the few countries left in the world that does. we have a debt ceiling b
CSPAN
Jan 23, 2013 5:00pm EST
house wants to celebrate the disconnect between debt ceiling and for the three-month moment, then fine. i don't think it was a big deal today in terms of whether the house leadership and the senate leadership were in agreement. what the big deal about it, it's the wrong path to go down. what they're saying is, if you want to get paid, let's make sure seniors pay by eliminating the medicare guarantee. you want to get paid, let's make sure children, people with disabilities and other seniors, long-term health care pay the price. children, investments in their future, their education, their personal fulfillment and aspirations of their families and global competitiveness of america, that will pay a price, too. and our veterans will pay. do you want your pay check, this is the budget that goes with it. i think it's all wrong, but the fact is, the one part that has shall we say some appeal was that it was a recognition that for three months and for today, would be connected to the debt ceiling. i don't know if any of you follow -- what you do at night, but last night i watched the ways and means committee hearing run very late at night. and
FOX Business
Jan 18, 2013 11:00am EST
republican leadership says republicans are when it comes to the debt ceiling settling on a strategy. >> the one thing is we have set a structure moving a short-term so people don't have a fear economically of where we are and are able to move forward to solve this problem once and for all. rich: the strategy would be a short-term debt increased to work on the other spending points and come back to the debt ceiling perhaps in a few months. he says he is not sure when the timing of that vote would be, he only says sooner rather than later. connell: republicans have become of this retrieve a message that resonates with working people and says william berg is just group therapy. chris used to be al gore's press secretary, says the spectrum represented right here. i will allow you to go first for a little bit of fun. what do you mean by that? >> after the election were told republicans were going to do some soul-searching for the record low numbers of minorities that had voted. what we're seeing now, just heari justheard a few moments ar program that half the country holds a negative view of the republican party and the tea party is having its lowest lev
ABC
Jan 14, 2013 11:00pm PST
i about the debt ceiling. he announced if congress doesn't work with him and raise the debt ceiling will america will go into default and we might have to sell florida. say goodbye to nana and pop pop. >> chimpy up next. >> the morning news starts at 4:30 appreciate your time have a good night. a good night. >> good night "jimmy kimmel live"! tonight ellen degeneres. the bachelor sean lowe. and music from onerepublic. with cleto and the cletones. and now from this point on, here's jimmy kimmel! [ cheers and applause ] >> jimmy: welcome. hi, i'm jimmy. i'm the host. thanks for watching. thank you for -- raising the arctic 50 degree weather to be here tonight in hollywood. very kind. i do appreciate
ABC
Jan 15, 2013 1:05am PST
republic. >> obama held the final press coaches of the first term in office. talked pose i about the debt ceiling. he announced if congress doesn't work with him and raise the debt ceiling will america will go into default and we might have to sell florida. say goodbye to nana and pop pop. >> chimpy up next. >> the morning news starts at 4:30 appreciate your time have a good night. a good night. >> good night
FOX News
Jan 18, 2013 3:00pm PST
ceiling. >> though the house is planning something short-term to force the senate to the a budget. >> just the structure, moving something on a shorter term, what we are discussing is something that all could support. it's reasonable. but also very constructive for america themselves. >> spokesman for the senate majority leader harry reid says if the house pass a clean debt ceiling incress, the senate will be happy to consider it. jay carney at the white house called for passing a clean debt limit deal without delay. leading republicans are saying without a budget that includes a real plan to reduce the deficit, the nation faces the threat of a credit downgrade. bret? >> bret: mike, thank you. sticking with the tet and deficit issues, lawmakers on both sides of the aisle are talking about what to do in a worse case scenario. the government not having enough money to pay its bills. chief political correspondent carl cameron reports on a possible short-term solution that is getting a long look by some people. >> with the white house refusing to negotiate spending cuts and the democr
MSNBC
Jan 14, 2013 11:00pm PST
when he was a senator, voted against raising the debt ceiling -- >> not enough -- >> some democrats. but not to this extent and not in a party-wide thing. this is important for the president for a couple reasons. one of them is his second term agenda which we're looking at the challenges of in a "huffington post" series called "the road forward." if he wants to go forward, if he wants to complete the job on health care and on bank regulation and on immigration and on a whole host of things, he's got to beat the republicans politically. he's got to beat them on spending, and he's got to back them into a corner politically. he's got a chance to be more consequential in a second term -- this is usual -- >> what's his one, two, three agenda. >> gun control, immigration reform, and number one is what chuck was grilling him on today, which is his strategy on beating the republicans on debt and spending. >> fiscal victory -- >> then immigration and gun control. >> is that how you see it one, two, three, chuck? >> he can't do anything until the budget showdowns are over. >> right. >> and they can't be piecemeal. you're not going to get immigration, not going to get guns. i question whether guns ultimately is going to get done right now. t
MSNBC
Jan 14, 2013 4:00pm PST
past the debt ceiling in order to achieve his second term agenda, but how does he do it when some republicans are threatening shutdown? chuck todd and howard fineman. chuck, you know, i get the sense i was listening to the late general schwarzkopf, the man shaping the battlefield. he's basically saying if this government gets shut down and we're not paying our bills, it's a decision by the republican-led house of representatives. he wants the story played that way. will the press or can it objectively say that if the government shuts down, it's the republicans, simply their doing? >> when it comes to the debt ceiling if we -- there's two separate questions here. one -- and there's two separate ideas of is there something to negotiate. one is debt ceiling, and what the president is saying there's no discussion on that. on the government shutdown, there seems to be a different tone from the president. i'll get to that in a minute, but on debt ceiling, you're absolutely right. when you take that sentence, what he was trying to say, because he's not talking about having plan "b"s in h
CSPAN
Jan 15, 2013 10:00am EST
: would you agree to raise the debt ceiling short-term? guest: i think that is say mathematical imperative. am i open to raising the debt ceiling? i am. we got into this wilderness over a long period of time. my deep duty to the second rational district of virginia -- we have the highest concentration of men and women in uniform. we've got to make the decisions now. host: art in florida. caller: good morning. if you could give me a few minutes of your time. i am 47 years old and i depend on disability. heart.ta weak i have a pacemaker. my aorta has been replaced with a wire mesh tube. i have been trying to find part- time work so i can be a productive member of society. i keep hearing you want to cut medicare and trim social security and everything. these are programs i need to survive on. guest: i'm sorry about your medical situation. is there that medicaid and for you. i believe there is it proper role for medicaid and medicare and social security. what we have been proposing is to strengthen those programs to make sure they are there for you. right now we know that absent any
CSPAN
Jan 15, 2013 5:00pm EST
. something cataclysmic shouldn't be done in terms of reaching the debt ceiling, yet does science seem locked in concrete. i'm not going to talk about the congress. speaker boehner said it can't be done unless we cut spending at the same time. having watched this for more than 30 years in congress, what are the odds of avoiding going over the cliff given where both parties are? >> the outside that we won't do it. it's not a matter of faith. it's a matter of consequence. i mean, those who say okay, let's toilet, they are toying with the american economy and with the global economy. and so, i think it is somewhat -- it seems brave to talk about doing that, but the closer you get to that cliff, the less likely it is that your fund the u.s. over it. >> one another in a booklet of brian butler and start. let me ask you about tax reform. he told "politico" last week that a balanced approach are facing sequester with spending cuts and revenue should accelerate tax reform and i believe it's fully possible this year for work on a bipartisan basis, unquote. how does that square with the people w
CSPAN
Jan 23, 2013 1:00am EST
. there were clear consequences, clear consequences. today, they are prolonging and other debt ceiling showdown instead of a long-term extension. this continues and increases the economic uncertainty. our nation's economic wounds from 18 months ago are simply too fresh to ignore. august 2011 was the single worst month for job creation in the last three years. the dow jones slumped 2000 points in july and august of 2011, including one of its worst single-day drops in history. tumbling 635 points on aug.. the treasury was forced to spend $1.30 billion more in interest payments according to gao. the higher cost will be almost $19 billion over the next decade. of course, who could forget the u.s. credit rating was downgraded for the first time in our history? one senior director said shortly after the credit agency downgraded the rating, that the stability and effectiveness of american political institutions or undermined by the fact, "the people in the political arena were even talking about a potential default." "the washington post" stated, "in 2011, the debt ceiling dispute traumatized the economy." a senior economist was one
MSNBC
Jan 20, 2013 5:00pm EST
table, they would include a provision in the debt ceiling legislation saying that lawmakers will not be paid if they do not pass a budget blueprint. was it right to step back from challenging the president over raising the debt ceiling? >> well, i think the house proposal is a step in the right direction. no doubt the senate hasn't done it's job. it's been nearly four years since it's passed a budget. the senate should pass a budget. but it doesn't go nearly far enough. we have a crisis. i just got back last week from afghanistan. and i had multiple servicemen and women clasp me on the arm and say, please do something about the debt and deficit. we're bankrupting the country. that's what the american people are looking for. and to date, politicians have both parties have been unwilling to take even a tiny step in the right direction. we've got to fix the problem. >> the senate has to pass a budget. do you believe that? >> i do. >> why has it been four years since you've done that? >> well, let me answer this. this was a major victory for the president. the republicans have now tw
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